
INTRODUCTION
“Volatility is the price of admission. The prize inside are superior long-term returns. You have to pay the price to get the returns.”
– Morgan Housel
Short-term stock market investing is not for the faint of heart. In April, we were reminded once again that stocks can suffer substantial mark-to-market losses in a very short period. During these times, it is prudent to avoid converting a temporary loss into a permanent one by selling. Furthermore, if you have additional capital to invest, you should consider buying during market downturns. [Read more…] about Q2 2025 Investment Letter